Explain the importance of descriptive statistics

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1. Give one example each of a known known, known unknown, and unknown unknown you have encountered on previous projects.

2. How does the adoption of a Six Sigma approach within an organization change the amount and types of data that may be gathered routinely, as well as for specific projects?

3. Explain the importance of descriptive statistics, including measures of central tendency (mean, median, etc.) and measures of dispersion (range, variance, standard deviation, etc.) for summarizing data.

Reference no: EM132252358

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